The Business Times, 1 October 2007

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Total Pages: 30
1 30 The Business Times
  • 22 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg «p" a Singapore press holdings publication mica (p) 202/12/2006 Monday, October 1,2007
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  • 598 1  -  ARTHUR SIM Value tops $823b following August's 5% pullback sparked by US credit fears By [SINGAPORE] After a slump in August sparked by the US sub-prime jitters, the Singapore stock market surged in September and boosted its total value by some 9 per cent.
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  • 703 1 Enter the US$200b Chinese dragon to little fanfare Analysts expect the mega fund to take a low profile [BEIJING] There was no champagne, no music, and just a few young women in traditional dresses. The low-key ceremony that marked the launch of China Investment Corp last weekend could reflect the
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  • MARKETS DIGEST
    • 55 1 Weekly Change 3,706.23 +164.01 ST Index KLCOMP 1,336.30 +30.36 NIKKEI 225 16,785.69 +473.08 HANG SENG 27,142.47 +1298.69 SET INDEX 845.50 +13.99 JAKARTA COM P 2,359.21 +23.72 MANILA COMP 3,572.90 +149.17 SEOUL COMP 1,946.48 +27.22 SHENZHEN B 781.11 +10.44 MUMBAI IND 17,291.10+726.87 DOW 13,895.63 +75.44 NASDAQ 2,701.50 +30.28 5&P 500
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    • 29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.483 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 4.08 INDIA 12.75 Source: Bloomberg
      Bloomberg  -  29 words
    • 41 1 US$ (S$ per US$) 1.491 (US$/S$ per 2.024 3.016 EURO(US$/S$/E) 1.417 2.112 YEN 115.30 77.30 RM 3.413 2.290 HK$ 7.762 5.207 BAHT 31.73 21.28 RUPIAH 9,150 6,138 RENMINBI 7.510 5.038 INDIAN RUPEE 39.75 26.67 A$ 1.134 0.761 NZ! 1.323 0.887
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  • Page 1 Advertisements
  • Page 1 Miscellaneous

  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 85 2 UN envoy Ibrahim Gambari met detained Myanmar opposition leader Aung San Suu Kyi yesterday but had not held talks yet with the head of the junta on ending a bloody crackdown on protests against 45 years of military rule. They met after
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      • 54 2 HOMEGROWN beauty chain Expressions International is mulling over a listing to raise about $50 million. It's looking seriously at an initial public offering locally on the Singapore Exchange or on London's Alternative Investment Market within the next 12 to 18 months.
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      • 88 2 EVEN as critics lament that most of the biotech outfits in Singapore are foreign-born rather than homegrown, industry observers at Ernst Young say that the presence of such firms and multinational ones should be viewed as a boon rather than a bane to the
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      • 77 2 A SLUMBERING banking behemoth stirs this week with the start of the long process of privatising Japan's sprawling post office a piggy bank for profligate politicians to its critics but a social lifeline for rural areas. Under the break-up, which was the
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      • 58 2 CHINA needs stronger controls to protect its economy as the nation continues to open up to overseas investors, President Hu Jintao said. Speaking to Communist Party officials on Saturday, he said that the government needs to improve its ability to monitor and respond
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      • 30 2 US-BASED investment advisory firm Tholons has ranked Chennai as the top emerging destination worldwide for information technology and business process outsourcing. INDIA, PAGE 18
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      • 44 2 CITIGROUP is seeking a buyer for the former Travelers Group headquarters in lower Manhattan. The deal could fetch US$l.B billion. The 40-storey tower at 388 Greenwich St is being marketed with a connected 10-storey property. ASIA-PACIFIC/WORLD, PAGE 20
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    • 182 2 [SINGAPORE] President SR Nathan has congratulated China's President Hu Jintao on the 58th anniversary of the founding of the People's Republic of China. In his letter, Mr Nathan highlighted Mr Hu's commitment to addressing China's multi-faceted challenges through a pro-people approach. Separately, Prime Minister Lee
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    • 584 2 Last year's sharp rise comes as companies raise investments to US$2.4l b By CHUANG PECK MING [SINGAPORE] After plunging to US$9 million in 2005, the returns on Singapore companies' direct investments in the United States bounced back with a vengeance in
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    • 721 2  -  CHEN HUIFEN Swedish maker of an innovative fire-retardant seeks Singapore partners to take idea further By [SINGAPORE] There's more to lemons than making lemonade. A Swedish firm has come up with an innovative, fire-retardant material inspired by the properties of the humble fruit and is
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  • Page 2 Advertisements
    • 18 2 people at No mountain WOFK hi9h enough. www.thepeopleatwork.com Asia-Pacific Executive Search k GLOBAL BUSINESS NETWORK Peter Tsukahira jlljjjfl
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    • 19 2 IT Recruitment $5M Childcare $1M Advertising $760K Consulting $SOOK Entertainment $450K Health/Medical $3OOK Education $250K Spa $13OK Construction $115K
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  • ENTREPRENEUR INSIGHTS
    • 1333 3 Supply chain management is fundamental to a successful company, especially for those in the trading and distribution business, writes NANDE KHIN SUPPLY chain management can make or break a business. And this is something high-growth Asian companies are increasingly aware of. According to
      FILE PHOTO  -  1,333 words
    • 1396 3 INSEAD'S PERSPECTIVE AS the earlier articles in the "Entrepreneur Insights" series have highlighted, Asia's high-growth ventures are increasingly breaking away from traditional business models, and embracing new dynamics brought on by the globalised economy. In the area of supply chain management (SCM), entrepreneurial companies in
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  • Page 3 Advertisements
    • 85 3 C^ RFniT^l lIS^F Entrepreneur Insights is brought to you through the collaboration of The Business Times, Credit Suisse and INSEAD. The content is based on the "Growth Challenges for Asian Entrepreneurs" research programme, performed by InnovAsia, the applied business research J^| Jjj J\_ J_J unit of INSEAD. Both this series
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  • UNREST IN MYANMAR
    • 774 4 AP But no sign yet of meeting with junta head; no crowds in Yangon yesterday [YANGON] United Nations envoy Ibrahim Gambari met detained Myanmar opposition leader Aung San Suu Kyi yesterday but had not held talks yet with the head of
      AP  -  774 words
    • 291 4 [SINGAPORE] Underlining the gravity of developments in Myanmar, Prime Minister Lee Hsien Loong, in Singapore's capacity as Asean Chair, has written to Myanmar's Senior General Than Shwe. In his letter dated Sept 29, Mr Lee said that he is expressing the deep concerns
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  • Page 4 Advertisements
    • 1906 4 ffe^^ JL^I V^>/ JL JL Vta^ JC, l3 Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT>SELLIT> FIND IT SPINDEX SPINDEX INDUSTRIES LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****1451 M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 20th Annual General Meeting of the Company will
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    • 768 4 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF THE MONTANA DEVELOPMENT FTE LTD COMPANY REGISTRATION NO. *****1498W [IN MEMBERS'VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of The Montana Development Pte Ltd signed by the Representatives of the Holding Company pursuant
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  • COMPANY NEWS
    • 683 5  -  RONNIE LIM EXPENSIVE or not buying oilfields at times of high oil prices usually tends to be Singapore Petroleum Company's latest US$223 million acquisition of producing Chinese oilfields in Bohai Bay is clearly strategic. "With oil prices at record highs, you typically pay
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    • 640 5  -  CHOW PENN NEE Beauty chain aims to raise $50 million for overseas expansion, funding of projects By HOME-GROWN beauty chain Expressions International is mulling a listing to raise about $50 million. It said it is looking seriously at an initial public
      i FILE PHOTO  -  640 words
    • 217 7  -  CONRAD TAN $5m ad campaign kicks off with TV ads till mid-Nov; 2nd part next year By OCBC Bank is spending $5 million on a new advertising campaign to attract more customers. The first part of the campaign, which started last Tuesday with TV ads, will
      ARTHUR LEE  -  217 words
    • 131 7 MORE than $2.3 million has been raised so far by The Bull Run 2007, with Fuzing China Group being the latest Diamond Bull sponsor to contribute $100,000 to the cause in commemoration of its initial public offering. The charity run is organised by the Singapore
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    • 210 7 ARA Asset Management Ltd's (ARA) first closing of its closed-end private real estate fund ARA Asia Dragon Fund has attracted an investment of US$5OO million from US pension fund Calpers. ARA, which also manages Fortune Reit and Suntec Reit, said that by
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    • 303 7 Notes: All market cap figures are in Singapore dollars. Exhange rates used: US$l =551.4901 HK$l =550.1920 1 2 3 4 5 _6 7 8 9 10 11 12 13 14 15 N> 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
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    • 262 7 MATURITY YEAR RAISED COUPON DATE RATE p.a.) AMOUNT ($m) INTEREST PAYMENT DATES OF DAYS OF ACCRUED INTEREST PRICES* (EXCLUDING ACCRUED INTEREST) REDEMPTION ISIN CODE YIELD p.a.) 01.10.2007 N*****0H 2002 2 5/8 3900.00 1/4 1/10 180 99.99 3.85 SG********** 01.04.2008 N*****0S 2003
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  • Page 5 Advertisements
    • 241 5 If you are in any of these situations: You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch and
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  • SINGAPORE MARKETS
    • 654 6  -  R SIVANITHY IF INDEED the market has really climbed the US sub-prime wall of worry as it now appears, then it can only be a matter of time before penny stocks play catch-up to the blue chips. This has always been the pattern of
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    • 587 6 -AFP CURRENCIES [HONG KONG] Asian currencies ended last week mostly higher against the US dollar, amid continuing worries over the US outlook. Japanese yen: The yen eased against the dollar last week, but market worries over the US outlook weighed on the
      -AFP  -  587 words
    • 758 6 Payment (cts) Ex Books Pay date close date Allied Tech bw 3.500 ASL Marine ay 2.500 ASL Marine dd 0.300 Ausgroup az 0.610 Aussino Grp ao 0.750 Australand PG A af 4.000 AVJennings A ak 3.000 BestWorldlntl cb 1.212 BMT ao 56.000 Boardroom ao 1.800 BRCAsia bt 0.150
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    • 323 6 AFP COMMODITIES [LONDON] Crude oil prices struck fresh record high points last week amid tight global supplies of energy. Oil and other commodities priced in dollars also benefited from a weak US dollar as they became cheaper for buyers using stronger
      AFP  -  323 words
    • 1706 6 Reuters Source: Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name advanced Holdings 1.50 1.00 2 4.65 10.97 0.56 0.52 .EM Holdini 2.50 2.50 4.20 4.05 0.23 0.17 Jlco Commercial REIT 1.60 1.60 5 5.39
      Reuters  -  1,706 words
    • 4 6 WEEKLY
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    • 3 6
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    • 46 6 CLOSE 603.00 +216.0 IT OB/OS IT CADI -*****.00 +205.0 IT 10-day MA -*****.00 +60.00 JI-SG Equities 1014.73 +4.09 G Equities Elect 126.45 +0.42 G Equities Fin 2543.71 -22.50 G Equities Prop 1588.96 +4.18 iMSCI 455.59 -1.51 iMSCI Future 455.90 -0.60 'rimePartnersCI 280.05+ 16.92
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    • 54 6 VOLUME Gen Intl 514,656,000 Diqiland 465,856,000 Sinostar 243,710,000 LottVis 195,358,000 Mediaßinq 170,428,000 Baker Tech 162,504,000 El-Nets 161,497,000 Sing Tel 155,150,000 Yanqzijianq 153,116,000 Fuxinq 151,990,000 VALUE(S) DBSGrp 1,464,386,715 SGX 826,646,674 Sing Tel 609,136,868 UOB 480,389,951 Keppel Corp 470,884,322 Capita Land 395,345,731 OCBC Bk 364,835,333 Cosco Corp 361,585,800 Gen
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    • 104 6 China H 10US$ CLOSE UP 2220 312.9 10.4 lardine C&C 1850 150.0 8.I iBSG 2160 140.0 6.! ;gx 1290 120.0 10.: ISH 1580 89.4 3.! >hani iriLa Asia 2570 88.3 21.1 OSCO Co 595 85.0 16. >sia Pac Brew 1380 70.0 5.: :IA 10 1900 70.0 3.I IOB 2210
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    • 95 6 CLOSE DOWN ;TI3600SGAePW*****0 31.5 -34.0 -51.9 ;TI3500SGAePW*****9 39 -25.5 -39.5 ;TI3500SGAePW*****0 21 -23.0 -52.3 iBSSGAePW*****2 27.5 -22.0 -44.4 'BL Cor| 394 -22.0 -5.: ;TI3400SGAePW*****9 29 -21.0 -42.0 lit MBLePW*****9 18.5 -19.5 -51.3 iBS DBePW*****0 21 -19.0 -47.5 ;TI3400SGAePW*****0 13 -18.5 -58.7 ia Moh 46 -15.9 -25.7 iBS DBeCW*****8A BY
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    • 97 6 Reuters Clob Closing prices are in trading currencies, but absolute difference is in Ss. Source: Sep 28 CHNG CLOSE FRSep 27 YR 2007 S$ LOW S$ HIGH ISS 1.4880 0.30 1.5479 1.4880® iuro 2.1101 0.00 2.1254 1.9913 'ounds 3.0179 0.00 3.1194 2.9323 1.3111 0.09 1.3411 1.1741
      Reuters  -  97 words
    • 1367 8  -  TEH HOOI LING THE Singapore market took an unexpected turn for the better last week, with the Straits Times Index surging 4.6 per cent to a new record high. The UOB Sesdaq Index, meanwhile, climbed 4.2 per cent. Providing excitement in the market in
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    • 1249 8  -  ROBERT HALILI INSIDE MARKETS By THE buying by directors and substantial shareholders surged last week with 43 companies that recorded 106 purchases based on filings on the Singapore Exchange from Sept 22 to 28. The figures were sharply up from the previous two
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  • Page 7 Advertisements
    • 54 7 3%u^ jf^n&rtv^a&fj^e*^ f|||j|BlilBllfaig^li§ C^bMSe2) leisure group ™ards The Jewel Box is owned by Mount Faber Leisure Group. 1 09 Mount Faber Road Singapore *****3 'Best Re-invented Attraction' by Association of Singapore Attractions. Tel: (65) 6270 8855 Fax: (65) 6273 4639 '2nd Most Visited Paid Attraction' 'Top 10 Best Family Experiences'
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  • SINGAPORE NEWS
    • 460 9 Ernst and Young observers say MNCs will develop Spore talent and R&D By CHEN HUIFEN EVEN as critics lament that most of the biotech outfits in Singapore are for-eign-born rather than homegrown, industry observers at Ernst Young say that the presence of multinational
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    • 137 9 THE Business Times celebrated its 31st anniversary in decidedly chill-out mode on Saturday night at Oosh, in the heart of Dempsey Road. But for the 70-odd staff that make up BT there, it was also time to get mcl- low. And why not?
      Photos by ARTHUR LEE  -  137 words
  • Page 9 Advertisements
    • 270 9 THE BUSINESS/^ li v I If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions.
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  • VIEWS FROM THE TOP
    • 2359 10  -  Wee Piew Annie Yap THIS WEEK'S TOPIC What factors should we consider when developing a longevity insurance scheme that would be workable for all Singaporeans? What key features should this scheme include? IT MUST be kept in mind that the most significant function of this scheme is to
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  • DINING OUT
    • 1137 12  -  Jaime Ee NEW RESTAURANT Cicada 7 Portsdown Rd Tel: 6472-2100 IF you like the alfresco bars Hacienda and Superfamous in the Dempsey and Boat Quay areas respectively, then you might like their latest relative, Cicada. The largely open-air dining concept is located at 7 Portsdown Road
      CICADA PHOTOS: YEN MENG JIIN  -  1,137 words
  • Page 12 Advertisements
    • 160 12 Shopping wfs* J 7 HER WORLD BRIDES OH OiSi FABULOUS m m to WEDDINGS F OUR BIGGEST SHOW EVER! RADIO 100% PURE FUK date A 4CV Oct 510 7> 2007 (Frit 0 Sun) Q6%r V Marina Square Central Atrium (Free admission) <f/\/\/\ Join us for an exciting weekend of fashion
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1091 13 The high level of leverage offered by this financial instrument is a key attraction to traders, HERMAN PHUA reports IN 580 BC in Miletus, an ancient city located in present-day Turkey, an impoverished philosopher called Thales came up with a revolutionary idea. Thales believed there was
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    • 924 13 CAMPUS LIFE JASON LOW talks to a multi-tasker extraordinaire an all-rounder NTU undergrad who juggles activities like modelling, teaching dancing and setting up her own business besides keeping up with classes in school SOME may spot this young lady more often at media events than
      ARTHUR LEE  -  924 words
    • 204 13 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
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  • Page 13 Advertisements
    • 46 13 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
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  • ECONOMY WATCH
    • 614 14 -AFP Japan Post sits atop some US$3 trillion in savings and life insurance policies [TOKYO] Move over, Wall Street giants; here comes Japan's post office. A slumbering banking behemoth stirs this week with the start of the long process of privatising Japan's
      -AFP  -  614 words
    • 688 14 Reuters Confusion prevails with job market resilient despite slow housing market [WASHINGTON] Recession talk is heating up as the slumping US housing market threatens to shackle free-spending consumers, yet stocks remain near record highs, indicating that many investors see little cause for alarm. Identifying
      – Reuters  -  688 words
    • 332 14 Bloomberg [NEW YORK] Goldman Sachs economists cut their growth forecasts for the world economy, citing the fallout from the US housing slump. Growth will slow to 4.2 per cent next year, down from a previous forecast of 4.6 per cent and the 4.7
      Bloomberg  -  332 words
    • 487 14 ■AFP [WASHINGTON] Dominique Strauss-Kahn, the next head of the International Monetary Fund, faces the daunting task of redefining a 185-nation institution increasingly seen as irrelevant. The Frenchman won, as expected, the IMF executive board's "consensus" nod on Friday, setting the
      ■AFP; AFP  -  487 words
  • Page 14 Advertisements
    • 276 14 ERffRHVRViPI^ Diners Club Card r oapP aC a//64i6 0980 JkJSUL^^^^yl A3 K^M MM J^Lja flUl World of Exclusive Privileges Treats f|~|^fc Diners Club H| www.diners.com.sg V_^^^ International Ww *Jll^ Td 5T^ *^7™ Dm /Till It doesn't matter to us W 1»J Kll L^ M BEST ASIAN MARINA which country it
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  • Page 14 Miscellaneous

  • FOCUS
    • 1225 15 -AP With a shrunken portfolio, IMF faces calls for reform as doubts emerge over its role as guardian of the global financial system A DECADE ago, the International Monetary Fund (IMF) helped to stabilise the world economy after markets collapsed in Latin America, Russia and
      -AP; LUDWIG ILLIO/THE STRAITS TIMES  -  1,225 words
  • Page 15 Advertisements
    • 211 15 ""t^^B Bf^ -^^^h We are now known as NEC Asia Pte Ltd With effect from 1 October 2007, NEC Solutions Asia Pacific Pte Ltd (NECSAP) and NEC Business Coordination Centre (Singapore) Pte Ltd (NEC BCCS), both wholly owned subsidiaries of NEC Corporation in Japan, will integrate to form NEC Asia
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  • MALAYSIA/INDONESIA
    • 482 16  -  LAUREL TEO Govt promises financial aid to affected families to help rebuild homes By in Jakarta THE earthquake that struck almost three weeks ago has wiped out 1.889 trillion rupiah (Ss3oB million) of housing and infrastructure assets in Sumatra, according to government data.
      AP  -  482 words
    • 547 16  -  S JAYASANKARAN MALAYSIA INSIGHT Strong message sent to crooks who prey on gullible IN a landmark event, a sum of RM3S million (5515.3 million) will be transferred back to Malaysia this Friday from six bank accounts in Hong Kong and eight bank accounts
      547 words
    • 218 16 -AP [KUALA LUMPUR] A Malaysian state plans to set up "toilet squads" to monitor cleanliness at key tourist destinations following criticism of standards, reports said yesterday. The northern state of Perak was criticised in a recent Auditor-General's report which charged
      -AP  -  218 words
  • Page 16 Advertisements
    • 92 16 8 December 2007 Bpm Singapore Indoor Stadium B^. $90' $70' 50' $40 Prices exclude $2 SISTIC booking fee 10% discount for fk. Purchase of 10 or more tickets (till 31 Oct 2007 •Senior citizens age 55 years old and above •SAFRA members •NTUC members Discount not applicable for $40 tickets
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  • CHINA
    • 494 17 Bloomb- erg But Chinese leader says nation will still welcome investors from overseas [BEIJING] China needs stronger controls to protect its economy as the nation continues to open up to overseas investors, President Hu Jintao said. Mr Hu, speaking to Communist Party officials
      – Bloomb; erg; AFP  -  494 words
    • 578 17 Reuters ANALYSIS [SHANGHAI] Beijing's latest step to cool China's overheating housing market is likely to slow but not stall the persistent advance in housing prices. Alarmed by the US mortgage crisis, the central bank and China Banking Regulatory Commission (CBRC) on Friday unveiled
      – Reuters  -  578 words
    • 486 17 Bloomberg Aug consumer price gains up 6.5%, fastest in decade [BEIJING] China's central bank said it will maintain a "moderately tight" monetary policy in the last quarter of 2007 to curb inflation, limit asset prices and prevent the economy from overheating. China's
      – Bloomberg  -  486 words
  • Page 17 Advertisements
    • 261 17 Don't wait till it breaks and lose sleep over it. To rest well, you need a secure infrastructure. Like sleep, the security of your IT systems will be twice as cherished when you lose it, and probably thrice as painful. Ensure that your IT systems are configured to protect the
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  • INDIA
    • 422 18  -  SIDDHARTH SRIVASTAVA Advisory firm Tholons puts four other Indian cities in Top 10 global list ?y in New Delhi US-BASED investment advisory firm Tholons has ranked Chennai as the top emerging destination world- wide for information technology and business process outsourcing (BPO). Chennai is
      BLOOMBERG  -  422 words
    • 283 18 Bloomberg [MUMBAI] Indian billionaire Anil Ambani's Reliance Power Ltd said its board approved the generating company's plans for an initial share sale to fund expansion. Reliance Power will seek the stock market regulator's approval through regulatory filings of documents, Reliance Energy Ltd said yesterday
      – Bloomberg  -  283 words
    • 364 18 Bloomb- erg [NEW DELHI] Citigroup Inc and Merrill Lynch Co bought 5 per cent stakes in the Multi Commodity Exchange of India Ltd to tap the threefold growth in trade last year on the world's third-largest gold bourse. The exchange, known as MCX,
      – Bloomb; erg  -  364 words
  • Page 18 Advertisements
    • 1060 18 (jBj)lVlgiy bank BOARD OF DIRECTORS Group Bank 2007 2006 2007 2006 Chairman Tan Sri Mohamed Basir bin Ahmad RM'OOO RM'OOO RM'OOO RM'OOO Vice Chairman Date' Richard Ho Ung Hun President and CEO Datuk Amirsham A Aziz Net income 8.905,424 8,087,739 8,119/193 7,266,214 Deputy President and CFO Date' Mohammed Hussein Overhead
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  • FOCUS: FILM FINANCE
    • 1116 19  -  BROOKS BARNES Easy money has resulted in a glut of movies, many of them troubled projects that wouldn't have seen the inside of a multiplex By THE premiere of The Kingdom on Sept 17 was a run-of-the-mill Hollywood affair. The stars of the thriller, set in
      REUTERS  -  1,116 words
  • Page 19 Advertisements
    • 25 19 Lianhe Zaobao I I Which I I construction I stocks I are likely to shine a I in the next T 18 months?! I mmsuam?£
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    • 64 19 y J"!^ I|g|M§gj||j||| A big thank you to our investors After just 65 days of trading, RaboJet Certs Series 3 has automatically exercised and expired or, as we call it/Knocked-out'. Investors will shortly receive a cash settlement amount with a return of approximately 5.12% (20% annualised equivalent). To receive information
      64 words

  • ASIA PACIFIC/WORLD
    • 666 20 -Bloomb- erg Deal could fetch USsl.Bb; company to lease back property: executive [NEW YORK] Citigroup is seeking a buyer for the former Travelers Group headquarters in lower Manhattan. The deal could fetch US$l.B billion. The 40-storey tower at 388 Greenwich St that once carried
      -Bloomb; erg  -  666 words
    • 409 20 SEP 28 BANKS KBCBankN.V 5.5 ABN Amro Bank NY 5.5 Land Bank of Taiwan 6 Agricultural Bank Of China 5.5 Landesbank Baden-Wuerttemberg 6 ANZ Banking Group 6 U°yd,s Bank plc 6- 25 American Express Bank 5.75 Maybank 5.25 Arab Bank PLC 5.5 Mega Inter I Commercial Bank
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    • 350 20 Sep 27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec07 Mar08 Jun08 Sep08 EUROYEN FUTURES 95.190 95.515 95.630 95.680 0 0 0 0 8154 ***** 4356 5987 Dec07 99.150 99.150 Mar08 99.105 99.105 Jun08 99.060 99.075 Sep08 99.000 99.005 Dec08 98.910 98.925 Mar09 98.820 98.820 Jun09
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    • 403 20 -AFP [COLOMBO] Two people have been arrested for a bombing last Saturday that injured 12 foreigners in the Maldives, officials said yesterday, as the president of the Indian Ocean archipelago blamed dissidents for the attack. The bombing in an area of the capital Male
      -AFP  -  403 words
    • 218 20 Bloomberg [NEW YORK] The last hurdle for the largest leveraged buyout of a computer networking company was cleared last Friday when Avaya shareholders approved an US$B.2 billion takeover by TPG and Silver Lake Partners. Investors voted at a meeting on Friday in Wilmington,
      ■ Bloomberg \  -  218 words
    • 494 20 POSITIONS on the race viewer looked very different last Saturday as skippers and crews took tactical decisions based on weather forecasts and the fact that the island of Madeira lay in the middle of their course. The result was a division in the fleet as they
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    • 474 20 -NYT [NEW YORK] 3Com, an unprofitable computer networking company, said on Friday that it had agreed to be acquired by Bain Capital Partners for US$2.2 billion in cash in an arrangement that also gives a Chinese company, Huawei Technologies, a minority
      -NYT  -  474 words

  • WORLD
    • 488 21 AP Mozilo's moves may become a liability in his defence against shareholder suits [LOS ANGELES] As the mortgage industry swooned in late 2006 and 2007, Countrywide Financial Corp's chief executive cashed in stock options valued at US$l3B million vastly expanding his wealth
      AP  -  488 words
    • 152 21 [DUBAI] First Gulf Bank, the Abu Dhabi-based lender controlled by the emirate's ruling family, has started a wealth management unit to attract rich customers and help it compete with international banks. Known as First Wealth, the entity will benefit from "massive increases in available
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    • 76 21 [PARIS] Chinese actors performing in the 'Monkey, Journey to the West' opera last week at the Theatre dv Chatelet here. Conceptualised and directed by Chen Shi-zheng of China, the pop-opera is inspired by one of the Chinese civilisation's fundamental myths ('Journey to the West') and mixes
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    • 330 21 -Bloomberg ;DUBAI] HSBC Holdings has become the first international bank to get a licence to trade shares on the United Arab Emirates' two domestic stock exchanges as it seeks to expand in the second-biggest Arab economy. "The Middle East is high
      -Bloomberg  -  330 words
    • 429 21  -  NEIL BEHRMANN By in London THE consortium led by Royal Bank of Scotland is expected to win over the shareholders of ABN Amro when its offer for the Dutch bank closes on Oct 5. In an announcement on Friday,
      429 words
    • 252 21 -AP EPA action against polluters down by more than a third [WASHINGTON] The Environmental Protection Agency's (EPA) pursuit of criminal cases against polluters has dropped off sharply during the Bush administration, with the number of prosecutions, new investigations and total convictions all down by more
      -AP  -  252 words
    • 2760 21 Transaction date: Sep 28 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading da\ Vol ■000 HK$ ieon Credit ieon Stores ingang Steel inhui Conch inhuiexpressway isia Satellite ism Pacific ankOfEAsia eida Jade Bird eijing Airport eijing Ent
      2,760 words

  • AVIATION/SHIPPING
    • 780 22 Bloomberg Firm is handicapped as its main shareholders have a political agenda [TOULOUSE] Airbus SAS, the world's largest commercial airplane maker, may fall short on promises to revive its business, causing profit to fall further behind that of its competitor, Boeing Co. Airbus
      Bloomberg; AFP  -  780 words
    • 248 22 Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's sec-ond-biggest airline, won't exercise a right to buy Thomas Cook Group Pic's majority stake in their jointly owned charter carrier Condor, enabling Air Berlin Pic to buy the holding. Lufthansa made the decision out of "strategic
      Bloomberg  -  248 words
    • 304 22 AFP [HONG KONG] The contract to provide carpeting on planes is perhaps not the most glamorous side of aviation. But for Wilbert Beilsma, the export manager for Dutch carpet company Desso, the subtleties of the weave and the yarn can save an airline
      AFP  -  304 words
    • 175 22 Reuters [LONDON] Oil tanker rates on the world's major crude export routes extended an upward trend on Friday from multi-year lows brought on by rising ship supply and Opec production cuts. The benchmark Very Large Crude Carrier (VLCC) route from the
      Reuters  -  175 words
    • 2402 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,402 words
  • Page 22 Advertisements
    • 170 22 SOUTH-EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUSINESS PLAN 2007 RATE RESTORATION EFFECTIVE 1 NOVEMBER 2007 FROM SOUTH-EAST ASIA AND SOUTH ASIA TO AUSTRALIA Member Lines of the South-East Asia and South Asia Australia Trade Facilitation Agreement wish to remind the trade that the Rate
      170 words
  • Page 22 Miscellaneous
    • 280 22 CRYPTIC CROSSWORD I Quietly increase applause __^H_^ I [g) l^^^l 4 Bony fish trailing shoal? (8) mM, HH B^ HI BH mM, 10 Small tablet before senility __HH__^H__^H^^P^B__|^H__^H__^H__ II Crusty taking Ecstasy, no 12 One with a burning pas- T4~~^| 14 Clearing a pittance, I expect JH I ll' I
      280 words

  • 226 23 All. ireen 0.54 1.920 +0.040 Ascendasreit 0.92 2.730 +0.040 Cai iComm 0.54 2.840 +0.100 Cai iLand 4.91 8.150 +0.050 Cai litaMall 0.95 3.900 +0.040 Chart SemiCond 0.54 1.090 +0.010 Ci'Dev 2.88 16.200 -0.100 ComfortDelGro 1.26 1.940 -0.030 Cosco Con 1.82 5.950 +0.300 Creative Tech 0.14 6.100
    226 words
  • 100 23 Up Down Unch Up Down Unch Up Down Unch Multi Ind 13 5 0 0 0 0 13 5 0 Manufacturing 183 28 26 33 10 10 216 38 36 Commerce 60 13 11 13 73 21 13 /St. >r/Cc ims 30 33 Finance 30 31 Construction
    100 words
  • 121 23 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 229,449 229,449 770,222 770,222 Manufacturing 3,264,245 765,944 4,030,189 3,013,609 242,618 3,256,227 Commerce 1,535,125 201,827 1,736,952 966,769 45,771 1,012,540 >r/< 674,246 32,392 706,638 1,964,156 31,149 1,995,305 Finance 309,030 189 309,219 3,275,347 3,275,391 Construction 595,338 264,865 860,203 269,779 67,945 337,724 Properties
    121 words
  • 8624 23 Week ended: Sep 28 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 3.5 2 5716 1st Software 22 6.5 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEI Corp 27 14 1100 AEM 42 10
    8,624 words
  • 60 23 Hii Low Code Comi Sale COOP] Hii Low Bu; Seller C'vr P/E ,mil ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDP.S 3755 2590 6235 STI ETF 100 US119 US5000 US1000 US*****xd
    60 words
  • 2133 23 52-Wk Tel High Low Code Last Sale Vol COOP) Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi >an' Hii 30 13 1181 AAGrp 41.5 18 5000 ABRHIdgs 31 24.5 8538 APStrategic 16.5 1.5 1501 Advanced System 70.5 9.5 1524 Alantac 22.5
    2,133 words
  • 255 23 Hii Low Code Comi >an' Sale Cooo] Hii Low Bui rer 'r II Seller CV P/E ,mil 141 105 6000 AVJennings 21.5 5 6134 Over&Gen 64 15.9 6017 StarCruises 320 179 6019 TanChonglnt A125cd -2 27 A12 unch 16 US43.5 unch ***** HK267.5 +17.5 2610 126 12 45.5
    255 words

  • FINANCE & COMMODITIES
    • 361 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Se| 28 World Index Preliminan 1171.7 -0.1 6.5 -0.3 6.6 0.2 10.: t EAFE Preliminan 1158.2 0.0 4.6 0.0 7.3 0.5 10.' Euro[ Preliminan 1571.3 -0.1 5.2 0.0 8.2 0.4 11.1 Pacific
      361 words
    • 61 24 Sep 28 Delivery Month Opening Sett Av Range Price Price Hii Vol Open Done Position Low Oct 07 2673 Nov 07 2645 Dec 07 2625 Jan 08 2616 Total o/p: ***** contracts 2687 2689 2666 2655 2660 2635 2644 2652 2624 2638 2643 2616 Turnover: 9338 Market tone:
      61 words
    • 22 24 Sep 28 STI SIMSCI Oct 456.8 460.8 455.9 Taiwan Oct 367.3 368.4 364.1 Source: MF Global (S) Pte. Ltd
      22 words
    • 21 24 Sep 28 Bid Offer 1-month 1.4866 1.4878 2-months 1.4832 1.4845 3-months 1.4800 1.4813 6-months 1.4717 1.473 Source: OCBC
      21 words
    • 149 24 Sep 28 lurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.3141 1.3156 0.8819 0.8823 "anadian dollar 1.4902 1.4915 1.0001 1.0003 luro 2.1109 2.1126 1.4166 1.4168 IZ dollar 1.1262 1.1276 0.7558 0.7562 aterlini ind 3.0149 3.0177 2.0233 2.0238 IS dollar 1.4901 1.4911
      149 words
    • 270 24 Sep 28 tUBBER Futures (Closing prices) ISS 1 (S cents/kg) lonth High Low Close Sett Volume (tonnes) Open Interest 3ct 07 Mov 07 Dec 07 Ian/Mar 08 <\pr/Jun 08 lul/Sep 08 335.25 335.25 335.25 337.25 341.00 343.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      270 words
    • 130 24 As at 9am Sep 28 Singapore dollars to one unit if foreign currency: Currencies Bid Offer hist dollar 1.3050 1.3210 :an dollar 1.4790 1.4970 luro 2.1000 2.1230 IZ dollar 1.1170 1.1410 iterlini ind 3.0090 3.042I JS dollar 1.4820 1.4990 .ocal dollars to 100 units if foreign
      130 words
    • 142 24 Sep 28 Jvernight 2 -month 2 7/16 l-monfhs 2 15/32 1-months 2 17/32 Overnight mode: 2 1/4 J_S$ Offer 1 7/8 2 5/16 2 11/32 2 13/32 Bid days month months months i months months 2 months >Fr 5.05 5.15 5.20 5.30 5.20 5.00 4.95 Offer 4.95 5.08
      142 words
    • 450 24 Sep 28 iuro ren Ion >eso Earn 'oum lustralia 0.882 6.625 0.623 6.847 35.063 80.708 1.017 8.073 3.011 1.167 53.552 39.730 1.315 6.079 1.034 28.818 27.985 0.436 0.882 Canada 1.134 7.512 0.706 7.763 39.758 91.513 1.153 9.153 3.414 1.323 60.722 45.049 1.491 6.892 1.172 32.676 31.731 0.494
      450 words
    • 143 24 Sep 28 /oz) [ep >ep -long Kong 728.40 736.50 729.40 737.50 Sep 26 Sep 28 728.00 743.10 77R i;n 74} an (SS) Sellinq Buyinq 1 oz 1223.01 1095 UBS GOLD LUNAR KINEBAR (SS) Sellinq Buying (SS). Sellini Bui .ondon Source: Reuters IOgm SILVER $429.07 352 Selling Buying CAST
      143 words
    • 70 24 mth 5.***** 2.***** mths 5.***** 2.***** mths 5.***** 2.***** mths 5.***** 2.***** mths 4.***** 2.***** 2 mths 4.***** 2.***** iWAP Offer rates (S$) mth 2.***** mths 2.***** I mths 2.***** Sep 28 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs
      70 words
    • 89 24 Sep 28 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Lor i-Month BQ*****V 27.12.07 -Year BY*****A 29.09.08 2.05 2.15 2.10 2.1 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Loi !-Year N*****0Z 2.375 i-Year N*****1E 2.500 '-Year NX*****F 3.625 0-Year NY*****F 3.750 5-Year
      89 words
    • 67 24 iluminium, 99.7% mrity (USS/tonne) Close Previou; :ash 2465.50 2445.21 I months 2520.00 2498.01 Copper, Grade A (USS/tonne) ;ash months 8087.00 8020.00 8084.01 8020.01 .ead (USS/tonne) :ash 3448.00 I months 3380.00 3498.01 3420.01 Jickel (USS/tonne) ]ash I months *****.00 *****.01 *****.00 *****.01 'in (USS/tonne) ]ash I months *****.00 *****.0(
      67 words
    • 82 24 Sep 28 (£/tonne) Close Prev Hii ih/Low Dec 07 1000 997 1003/992 Mar 08 1010 1009 1014/1005 May 08 1019 1018 1023/1015 Jul 08 1026 unch 1029/1022 COFFEE (USS/tonne) Close Pev High/Low Sep 07 1831 unch *****853 Nov 07 1914 1891 1945/1883 Jan 08 1805 1796 1810/1786 Mar 08
      82 words
    • 102 24 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 07 991.25 1009.00 1008.00 985.50 Jan 08 1008.50 1025.25 1023.00 1003.00 Mar 08 1018.25 1033.75 1032.00 1012.50 May 08 1017.50 1030.50 1027.00 1013.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 07 39.49 39.68 39.70 39.40 Dec
      102 words
    • 78 24 CRUDE OIL PRODUCTS Sep 27 :RUDE (FOB origin) ISS/barrel Close Cham irent blend (1-Mth F) 78.98 1.89 VTI (Near Mth) 82.93 2.55 Jubai (1-Mth F) 73.69 -0.24 "apis blend 83.85 0.2 /linas 79.5 0.15 >RODUCT JSS/barrel (FOB S'pore) Close Change Naphtha let Kerosene 77.15 91.05 -0.35 -2.5 JSS/barrel )pec Oil
      78 words
    • 4338 24 BONDS WARRANTS [el ZodeComi Last Sale +orVol Conv Exer C000) Ratio Price Disc Gear- Mths ing Left >am 3779 ASL Marine Hldgs W*****1 109 11 83 10SS Advance Modules Grp W*****3 6 0.5 1240 1036 Advance SCT Ltd W*****9 30 2.5 1919 1663 Allgreen DBS ECW*****1 4 -4 100 1674
      4,338 words
  • Page 24 Advertisements

  • Page 25 Advertisements
    • 2608 25 m The Business Times Shipping Times Monday, October 1, 2007 UK CONTINENT SERVICE U.S.A SERVICE TOffihTOfft^ffffl^ Destination Destination m^g STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVCE 1 VESSEL/VOY I RAMPQCT) HEIGHT(M) PKG KCH LCB I SIN I JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS SUCCESS
      2,608 words

  • Page 26 Advertisements
    • 3998 26 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R II PT A P 1 AU I IXTPTU I TFI /_®fo C<k Clk* TtCA %rm\ ■■>■ iiiip* TEL: *****588 (14 LINES) FAX:*****163 I fT EjJ\& 1 _C_ lYl> l^i\JV I_ll> ILIY, LIU I fjj|s N-J L^J J iSO^/ V\\MN\A|AM lIAI INFV Customer Service/Bookings Dircrt
      3,998 words

  • Page 27 Advertisements
    • 3236 27 mSH| ki J /A \m. nJ Tel:6s-*****907Fax:*****917 I^^M Nordana (Asia) Pte Ltd b*m*tm«*m*i™m«m B^Bl 70 Shenton Way, #21 -03 Marina House Singapore *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES VESSEL I VOY I Singapore I Fremantle I Cocos Island I Christmas
      3,236 words
    • 270 27 rji GLORY NAVIGATION GRQOpI I( SINCE 1970 OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING I THE ENTIRE ASIA PACIFIC PORTS m REGULAR WEEKLY SERVICES: a IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA SINGAPORE HIAP WOON SHIPPING (S) PTE LTD I 14 ROBINSON
      270 words

  • Page 28 Advertisements
    • 3318 28 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The telephone numbers of the advertisers are provided for your convenience. ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number 24/10 25/10 WanHai RECIFE
      3,318 words
    • 765 28 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number 10/10 24/10 Nortrans THORMASTER 8/0/ *****//6/86 20/10 09/11 Nortrans THOR MERCHANT 7/07 *****7/6/86 To SHEKOU (SKU) 2363 China 12/10 19/10 Sinokor ZOEGLORY 033N *****516 19/10 26/10 Sinokor SINOKORSEOUL ZION *****516 26/10 02/11 Sinokor SEVEN SEAS AURORA 125N *****516
      765 words

  • BizIT
    • 403 29  -  WINSTON CHAI Singapore to benefit as it's a major part of the company's global R&D network By THE Singapore R&D arm of Philips is set to play a more pivotal role in hitting the company's ambitious target of doubling sales from its
      403 words
    • 346 29 By AMIT ROY CHOUDHURY NETWORKING major Cisco yesterday launched the Cisco Express Network on Wheels (NoW), a mobile showcase of Cisco's Internet Protocol (IP) networking technologies. Packed into a specially retrofitted 40-foot container are products, solutions and services from Cisco and its partners. Cisco also
      346 words
    • 496 29 Reuters Questions raised about technology's future [SAN FRANCISCO] Sun Microsystems Inc is betting the Java software platform it developed will raise its fortunes in emerging markets, but it faces tough competition from bigger rivals familiar with Java as well as questions about the
      – Reuters  -  496 words
    • 649 29  -  ASHLEY WEARNE <you say> It's an IT manager's dream that is fast becoming a reality in the Internet gateway security space By A NEW wave of appliances is M rolling into the Internet gateway security space. They weigh nothing. They have no physical footprint. There's
      649 words
    • <what's new>
      • 92 29 PHILIPS has launched the DCM2O3 and DCI 99, two docking stations designed to turn the iPod music player into a hi-fi system for the living room. The DCM23O sports a metallic finish and a slim CD slot for playing back music discs while the DCI
        92 words
      • 88 29 LG Electronics has taken the wraps off the KE97O, the successor to its popular Shine handset in Singapore. Unlike its previous version, consumers can have their pick between gold, titanium and pink shades for the new offering. The slider phone sports a 2.2-inch reflective screen
        88 words
      • 108 29 SONY has released the BDP-S3OO (below), a Blu-Ray Disc player promising home theatre buffs the twin benefits of razor-sharp video playback and crystal clear surround sound. It is the company's second player to support the Blu-Ray Disc, a high-definition DVD format capable
        108 words
      • 122 29 CREATIVE Technology has launched the MuVo TlOO, a feather-weight MP3 player that will allow users to transfer music without the hassle of using cables. Like a thumb drive, it comes with a USB connector for plug-and-play compatibility with the PC. The Muvo TlOO weighs
        122 words
      • 120 29 SECURITY specialist Sophos has announced the availability Pure Message, a new software package designed to enhance the security of e-mail servers running on Microsoft's operating systems. The new product supports Microsoft Exchange 2007 and the 64-bit version of Windows Server 2003. Once deployed, it
        120 words
    • 981 30 THE BUSINESS OF INFOCOMM TECHNOLOGY Growth of global business will propel the company into the $1 billion club, NCS' CEO tells AMIT ROY CHOUDHURY INFOCOMM services provider NCS, which posted 18 per cent year-on-year revenue growth in its fiscal first quarter ended June 30,
      FILE PHOTO  -  981 words
    • 476 30  -  WINSTON CHAI Authority inks 3-year pact with firm for energy saving tactics By SINGAPORE'S Land Transport Authority (LTA) is hoping to cut its electricity bills by 20 per cent by having more eco-friendly IT systems to manage the country's massive transportation network.
      476 words
    • 551 30 Reuters [SEATTLE] Seeking to narrow the gap with Google, Microsoft Corp unveiled a retooled Web search service that aims to deliver more relevant results and combines text, video and other information onto a single page. Microsoft, the world's largest software maker, said Windows Live search
      – Reuters  -  551 words
    • 250 30 Bloomberg INTEL Corp, the world's largest semiconductor maker, said Nokia Oyj will use its WiMax communications chips in new handheld In-ternet-access devices going on sale next year. Nokia, the world's largest mobile-phone maker, will use the chips in its Nseries Internet
      ■ Bloomberg  -  250 words
    • <what's up>
      • 108 30 SEARCH giant Google has unveiled a new advertising service aimed at reaching out to millions of handphone users in Singapore. The new offering, called Google Mobile Ads, allows companies to place text-based advertisements designed for viewing on the handset, much like its AdWords service for
        108 words
      • 72 30 MARKET research firm Gartner will host a seminar on worldwide and regional IT trends and strategies for growth on Oct 16 at the Four Seasons Hotel. Aimed at technology companies and service providers, it will feature presentations from senior analysts on topics like go-to-market tactics
        72 words
      • 87 30 STARHUB has added Bollywood movies to its cable TV programming line-up. From Oct 4, the pay-TV operator will introduce a new channel called Star Gold for fans of Hindi movies. Singapore is the first country in South-east Asia to receive the new channel, following successful launches
        87 words
      • 82 30 DESPITE the prospect of sleep deprivation, a 24-hour programming competition organised by the ITSC (Information Technology Standards Committee) saw 62 teams slugging it out for top honours. Called Code:XtremeApps, it challenged contestants to create a Web application related to hospitality and tourism services within
        82 words
      • 139 30  -  WINSTON CHAI PASSENGERS passing through the Singapore Changi Airport can now add free high-definition TV viewing to the list of perks they can enjoy before embarking on their next destination. Thanks to a tie-up between National Geographic Channel Asia, the Civil Aviation
        139 words